Corning Touches on Apple Upside

The maker of glass screens for LCD TVs, iPhones and iPads cheered investors after forecasting strong demand for this quarter.

'Tis the season for flat-screen television purchases, and that's putting a shine on shares of Corning (ticker: GLW), which spiked 8%, or 92 cents, to $12.27 in Tuesday afternoon trading.

Fueling the rise: the maker of glass used in liquid-crystal display television screens, computer tablets and mobile devices says fourth-quarter glass volumes, which were expected to be flat or down, will rise by "a midsingle-digit percentage...